The CBDT stands for “central board of direct taxes”. It is a wedge of revenue department in the ministry of finance. Mr. Sushil Chandra is the chairman of CBDT. CBDT is the required authority operates under the Central Board of Revenue Act, 1963. The authorities of the Board in their ex-officio limit additionally work as a Division of the Ministry managing matters identifying with exact and accumulation of direct duties. Strategy and designing of direct taxes in India is provided by the “central board of direct taxes”, it’s under control of administration of direct tax laws along with the Department of income tax.

The Central Board of Revenue as the peak body of the Department, accused of the organization of duties, appeared because of the Central Board of Revenue Act, 1924. At first the Board was responsible for both direct and indirect expenses. In any case, when the organization of assessments turned out to be excessively awkward for one Board, making it impossible to deal with, the Board was part up into two, to be specific the Central Board of Direct Taxes and from 1st Jan 1964, Central Board of Excise and Customs with impact.